3, MURRAY ROAD, MICKLEOVER, DERBY, DE3 9LE - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MURRAY ROAD is a large extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £278,002. It was last sold for £215,000 in April 2020, which was around 12% below the average April 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

3 MURRAY ROAD Sold Prices

Land registry data shows one sale for 3 MURRAY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 APR	£215,000	£242,978	12% below HPI

What might 3 MURRAY ROAD be worth now?

3 MURRAY ROAD might now be worth an estimated £278,002.

This is based on house price inflation of 29.3%, between April 2020 and May 2026, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.3% inflationary increase is applied to the most recent sale price for 3 MURRAY ROAD of £215,000 on 3rd April 2020. For the value to have increased from £215,000 to £278,002 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 MURRAY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MURRAY ROAD has not materially changed since April 2020.

How Large is 3 MURRAY ROAD?

3 MURRAY ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 3 MURRAY ROAD lies on this distribution: 64% of detached houses are smaller than 3 MURRAY ROAD, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

3 MURRAY ROAD: Plot

3 MURRAY ROAD sits on a plot of roughly 0.076 of an acre, or 308m².

Where is 3 MURRAY ROAD?

3 MURRAY ROAD is located in MICKLEOVER, in the DE3 postcode district.